XM does not provide services to residents of the United States of America.

Zelenskiy says Hungary's Orban cannot be mediator in Ukraine war



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-Zelenskiy says Hungary's Orban cannot be mediator in Ukraine war</title></head><body>

Adds Zelenskiy quotes in paragraphs 4-7, background in 8-9

KYIV, July 8 (Reuters) -President Volodymyr Zelenskiy said on Monday Hungarian Prime Minister Viktor Orban could not mediate between Russia and Ukraine to end the 28-month war, a task he said could only be undertaken by world powers such as China, the U.S. or EU.

Orban visited Kyiv and Moscow for talks last week and met Chinese President Xi Jinping on Monday, describing his unexpected trip to Beijing as the third-leg of a "peace mission".

As world leaders prepare to head to a NATO summit which starts on Tuesday in Washington, Ukraine's Zelenskiy said only powerful economies or countries with armed forces much stronger than Russia's could manage the task of mediation.

"Are there many such countries around the world? Not many. I believe the U.S., and China are such countries. And the EU, not one country, but the whole EU. This could really be an intermediary mission," Zelenskiy told a news conference during a visit to neighbouring Poland.

Zelenskiy said Orban's negotiations with Putin, which provoked a rebuke within the European Union, had not been coordinated with Kyiv.

"Even if (Putin) meets with a particular state, this does not mean he wants to end the war," he said.

Kyiv remains open to proposals from other countries on how to shape the path to peace, but they should align with the Ukrainian vision, in particular a 10-point peace plan, Zelenskiy added.

Ukraine hopes to hold a second international summit to consider its proposals for peace later this year. China, which has close ties to Moscow, did not attend the first meeting in June.

It has been promoting a six-point peace plan it issued with Brazil in May, proposing an international peace conference "at a proper time" and calling for equal participation by both Ukraine and Russia.



Reporting by Olena Harmash and Yuliia Dysa;
Editing by Hugh Lawson and Helen Popper

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.